CTT Citation Resources

Citation Resources Inc. (the "Company") (TSX VENTURE:CTT) is pleased to announce
that four priority drill target areas have been defined and a 7,000 meter drill
program has been designed for the Biricu Gold Project located in Mexico's
prolific Guerrero Gold Belt (GGB).


The four target areas identified have been outlined based on an integration of
geologic, geochemical and geophysical data collected during field exploration
programs conducted during 2012. The Company has received the final detailed
interpretation prepared by Condor Consulting Inc., recognized experts in the
field of airborne electromagnetics, of the results of the airborne versatile
time-domain electromagnetic ("VTEM") survey completed by Geotech Ltd. (news
release December 5, 2012). A subsequent 5-day geologic field review of the
target zones identified in Condor's interpretation report was completed in late
December 2012 under the supervision of the Company's consulting geologist, David
M. Jones. The field review involved the consideration of all geologic,
geochemical and geophysical data gathered to date in evaluating the VTEM survey
results and finalizing a first round exploration drill program. 


Matthew Watson, Chairman of Citation commented, "Preliminary field work,
consisting of reconnaissance mapping and geochemical sampling is completed in
most of the highest priority areas of the property. We have received very
encouraging EM results from the survey which, combined with the equally
encouraging ground activities and geochemical sampling, have enabled Citation to
identify a number of priority drill targets. The target areas each show strong
similarities in geologic setting, alteration, and geochemical patterns to those
of the numerous gold skarn deposits of the Guerrero Gold Belt. We are excited to
now be planning the next phase of our exploration activities on the Biricu
Project that will involve drill testing of the target areas identified to date."



Further technical details and the related full news release issued by the
Company on January 29, 2013 are available at www.citationresources.com.


Qualified Persons

The Company's exploration program is being carried out under the direction of
David M. Jones, technical consultant to the Company. Mr. Jones has over 30
years' experience in mineral exploration and project management. Mr. Jones has
worked extensively throughout the Guerrero Gold Belt for clients including Teck,
Wheaton River, Goldcorp, Penoles, Grupo Mexico, Torex, and a number of other
Canadian juniors. 


The technical content of this news release has been reviewed by and has been
verified by and is the responsibility of Richard Graham, P. Geol., who is a
Qualified Person as defined in NI 43-101.


About Citation Resources

Citation Resources Inc. is a growth-oriented, Canadian mining company dedicated
to the exploration and development of precious and base metal resources. The
Company has an option agreement with Esperanza Resources Corp. to acquire a 100%
interest in the Biricu Project mineral exploration concession located in
Guerrero State, Mexico. The Biricu Project comprises more than 41,000 hectares
of highly prospectable ground and management believes that the Biricu Project is
the direct on-strike extension of five skarn deposits in the Guerrero Gold Belt
(El Limon-Los Guajes - Torex Gold Resources Inc.; Bermejal, Los Filos, and Nukay
- Goldcorp Inc.; Ana Paula - Newstrike Capital Inc.). 


Forward-Looking Statement 

Some statements in this report contain forward-looking information. These
statements include, but are not limited to, statements with respect to future
exploration, expenditures, transactions and financings. These statements address
future events and conditions and, as such, involve known and unknown risks,
uncertainties and other factors which may cause the actual results, performance
or achievements of to be materially different from any future results,
performance or achievements expressed or implied by the statements. Such factors
include, among others, risks related to actual results of exploration
activities, the timing and amount of expenditures and the completion of
transactions and financings. 


ON BEHALF OF THE BOARD OF DIRECTORS

CITATION RESOURCES INC.

Nigel Kirkwood, CFO

FOR FURTHER INFORMATION PLEASE CONTACT: 
Citation Resources Inc.
Nigel Kirkwood
CFO
604-682-6784
nkirkwood@citationresources.com
www.citationresources.com

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